Son accused of stealing $88K from mom to pay gambling debt – 28/22 News
Son accused of stealing $88K from mom to pay gambling debt 28/22 News Read the original article here
From Housing Instability To Homeownership, How YBH Helped Sherika Moore Build A New Future – The Seattle Medium
From Housing Instability To Homeownership, How YBH Helped Sherika Moore Build A New Future The Seattle Medium Read the original article here
NCLT Rejects Guarantor Moratorium Plea, Allows Corporate Insolvency Over ₹46.62 Cr Financial Default Despite Guarantor Proceedings [Read Order]
The National Company Law Tribunal has allowed the insolvency cases and found that insolvency of personal guarantors does not provide a legal bar on filing and prosecuting insolvency proceedings for the same underlying obligation. The Bench is considering a petition filed by ASREC India Limited under the provisions of Insolvency and Bankruptcy Code to initiate…
NCLT President has power to transfer cases across benches: NCLAT
The NCLAT also stressed that Section 60(2) of the IBC requires insolvency proceedings against a personal guarantor to be filed before the same NCLT where the CIRP or liquidation of the corporate debtor is pending. It said that the provision is intended to consolidate proceedings and avoid conflicting decisions. In this case, the Tribunal held…
Bosses have said the move is part of a 'restructure' – facebook.com
Bosses have said the move is part of a ‘restructure’ facebook.com Read the original article here
Enerparc files for insolvency – pv magazine India
Enerparc files for insolvency pv magazine India Read the original article here
Government Approves Public Debt Management Strategy for 2027–2029
The strategy outlines four key directions for managing public debt. The Cabinet of Ministers approved the Medium-Term Public Debt Management Strategy for 2027–2029. The document defines the main priorities and measures of the state’s debt policy for the next three years. As noted by the Ministry of Finance, the update of the Strategy was driven…
Sky Blue restaurant company enters liquidation owing £90,000
Sky Blue York Ltd, which previously ran the Sky Blue Chinese Restaurant at 16 Barbican Road, owes more than £100,000 to creditors, according to a liquidator’s report. Reports posted on the Companies House says the business was incorporated in May 2021 and entered liquidation on September 1. Anderson Brookes of Chorley, Lancashire, were appointed liquidators.…
NCLAT Quashes Guarantor Insolvency Proceedings Filed Before Different NCLT Bench Than CIRP
The National Company Law Appellate Tribunal (NCLAT) at New Delhi, has quashed insolvency proceedings against a personal guarantor after finding that the corporate debtor’s Corporate Insolvency Resolution Process (CIRP) was pending before another NCLT Bench. The bench of Judicial Member Justice Sharad Kumar Sharma and Technical Members Arun Baroka and Indevar Pandey held that where…
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